Tags: Hardware Solutions, Software Solutions
By Anna Valmero
MAKATI CITY, METRO MANILA—Software provider NetSuite partnered with three universities in the country to give graduating students hands-on training on the development and use of cloud-based business management solutions.
Dubbed the “SuiteAcademy,” it would allow students access to a curricula on how the adoption of cloud computing would help more businesses in the future, especially those transitioning from small-to-medium enterprises or medium-to-large businesses, said James Dantow, general manager of NetSuite Philippines.
In the Philippines, NetSuite partnered with Mapua Institute of Technology, De La Salle University and University of San Carlos. The local schools signed up after the pioneers Purdue University and University of California, Los Angeles (UCLA).
Traditionally, businesses run fragmented management solutions to automate operations of five or eight departments.
The solutions are then interconnected to one another and run and managed by the business via on-site data centers, which are difficult to maintain for small enterprises that lack the budget and manpower for an IT department, said Zach Nelson, president and chief executive of NetSuite.
Traditional solutions also pose integration hassles and require tedious software upgrades thus posing high maintenance costs and less manpower efficiency.
These are characteristic of some vendor software solutions still available in the market and which clients are shying away from because implementation of the infrastructure usually takes five to ten years for big enterprises.
For its part, NetSuite OneWorld customer relationship management solution integrates all functionalities needed in the entire organization so that there is only one data presented from chief executives down to sales teams. The browser interface is also role-specific so that only data needed by a certain executive would be displayed to speedup decision making, Nelson said.
OneWorld also integrates the tax computation in a country, including what is dubbed as a “complex tax computation” for businesses of the Bureau of Internal Revenue and converts currencies for 190 countries.
The NetSuite solution would be introduced in the third and fourth year of degree programs for sales managers, accountants, entrepreneurs and business professionals to enable them to better understand the benefits of cloud computing for enterprises.
It would also allow them to better understand process flows and revenue cycles throughout an entire organization. As a cloud application, it could also be accessed outside school computer labs, he said.
SuiteAcademy gives students the same access to NetSuite software to understand business processes end-to-end and be familiar with how business executives work in industries. The faculty will have access to online training and downloadable materials to develop custom content for their classes and share ideas with administrators and other program participants.
By next year, the company plans to increase its local manpower to 700, from the current 500 as part of its expansion plans in the Manila office that offer back office support to clients locally and overseas.
For more information about NetSuite Academy, visit http://www.netsuite.com/suiteacademy.
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